What does "deregulated" mean?

simple past and past participle of deregulate

Deregulated

Common synonyms include: decontrolled, liberalize, liberalized, more unregulated, online platform nonregulation, unregulated.

adj, verb

adj, verb ·5 syllables ·Rare ·Advanced level

Verb

Adjective

1
No longer regulated: now unrestricted.
"But the idea that Singapore is a deregulated paradise is not borne out by reality, as anyone who has tried to dispose of a piece of used chewing gum there will know."

"The market should be deregulated."